Patrick, the first paragraph in the intro is telling.
"In Science today, we are witnessing a general shift away
from the assumption that the fundamental nature of matter
can be considered from the point of view of substance
(particles, quanta)to the concept that that the fundamental
nature of the material world is knowable only through
it's underlying pattern of wave forms
Professor Amstutz of the mineralogical Institute at the
University of Heidelberg recently said
"Matter's latticed waves are spaced at intervals
corresponding to the frets on a harp or guitar with analogous sequences of overtones arising from each fund-
amental.
The science of Musical harmony is in these terms
practically identical with the science of symmetry in
crystals."
The point of view of modern force-field theory and wave
mechanics corresponds to the ancient geometric-Harmonic
vision of universal order as being an interwoven configuration of wave patterns.
Bertrand Russell, who began to see the profound value of
the musical and geometric base to what we know call
Pythagorean mathematics and number theory, also supported
this view in the "Analysis of Matter":
"What we perceive as various qualities of matter"
he said, "are actually differences in periodicity
...........
OK Periodicity and differences in Periodicity is the
core of cycle analysis, and when we see waves mentioned....
when we talk about Interwoven configurations of wave
Patterns
That's what Market price action seems to be all about from
my perspective. More sophisticated forms of
Gann, Elliot, Geometric Analysis etc. can be said to be
looking to decode these types of Interwoven
configurations of Wave Patterns.
As Above...... so is below is an ancient adepts adage.
Robert Lawlor has put together one heck of good book.
He has material culled from everywhere
and I'll point out one more time that Last Week's cover
of Barron's had Fra Luca Pacioli, on the cover.
they said that he invented double entry accounting system
and the picture is showing him articulating sacred geometric
concepts... squaring the circle, angular relationships etc.
so maybe that's Barron's little acknowledgement of
some of this type of thinking.
when you get your book turn to page 108, they
have Pacioli listed,as the great renaissance teacher of
Sacred Geometry.
here is a blurb on Pacioli, as you can see from his
varied areas of study, he was one of those, Renaissance
Kind of Guys, much Like Da Vinci.
--------
Origin of accounting and bookkeeping
In her notes compiled in 1979, Professor Linda Plunkett(4) of the College of Charleston S.C., calls accounting the "oldest profession"; in fact, since prehistoric times families had to account for food and clothing to face the cold seasons. Later, as man began to trade, we established the concept of value and developed a monetary system. Evidence of accounting records can be found in the Babylonian Empire (4500 B.C.), in pharaohs' Egypt and in the Code of Hammurabi (2250 B.C.). Eventually, with the advent of taxation, record keeping became a necessity for governments to sustain social orders.
The Italian Renaissance brought the artistic accomplishments of man to new heights. At this time, Venice was the business cradle of Europe, and it was here among merchants that double entry accounting was invented and practised. During this period Fra Luca Pacioli wrote his "Summa" dealing with record keeping and double-entry accounting, one of the very first published books of the time that would become the accounting "textbook" for the next 500 years.
Pacioli
Fra Luca Pacioli(5) was born during 1445 in Sansepolcro, Tuscany. He was a mathematician and friend of Leonardo da Vinci. He wrote and taught in many fields including mathematics, theology, architecture, games, military strategy and commerce. In 1494, Pacioli published his famous book "Summa de Arithmetica, Geometria, Proportioni et Proportionalita" (The Collected Knowledge of Arithmetic, Geometry, Proportion and Proportionality(6) ). One section of this book was dedicated to the description of double-entry accounting. The Summa was one of the first books published on the Gutenberg press, became an instant success and was translated into German, Russian, Dutch, and English. The Summa made Pacioli a celebrity and insured him a place in history, as "The Father of Accounting."(7)
Fra Luca did not invent double-entry accounting, instead, he superbly described a method used by merchants in Venice during the Italian Renaissance. His system included most of today's accounting routines such as the use of memorandums, journals and ledgers. His ledger included assets--receivables and inventories--liabilities, capital, income, and expense accounts. He described the year-end closing entries and proposed that a trial balance be used to prove a balanced ledger. In addition, his Summa made reference to the certification of books, ethics and cost accounting.
There would be little modification to Pacioli's system for the next 500 years. The present day trial balance sheet did not get its form until 1868 and the income statement was developed before WWII(8). In the 1980s, statements of financial position were developed with the purpose to provide relevant "information about the operating, financing, and investing activities of an enterprise and the effects of those activities on cash resources" (CICA 1540).
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